• Flying Nickel (FLYN) has announced a non-brokered private placement to raise aggregate gross proceeds of up to $800,000
  • The offering will consist of up to 5 million units priced at $0.16 per unit
  • Proceeds will be used for the 7,081-meter Minago PGM assay program
  • Flying Nickel is a mineral exploration company
  • Flying Nickel Mining Corp. (FLYN) opened trading at C$0.185

Flying Nickel (FLYN) has announced a non-brokered private placement to raise aggregate gross proceeds of up to $800,000.

The company will issue up to 5 million units priced at $0.16 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of $0.20 per share for three years.

The securities issued will be subject to a statutory hold period of four months.

The offering is scheduled to close on or about February 15, 2023.

Proceeds will be used for the 7,081-meter (from 97 drill holes) Minago PGM assay program and general corporate purposes.

Flying Nickel is a mineral exploration company with an interest in the Minago Project in Manitoba.

Flying Nickel Mining Corp. (FLYN) opened trading at C$0.185.


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